Snap Inc
Stocks making the biggest moves premarket: American Express, Verizon, Twitter and more
Check out the companies making headlines before the bell: American Express (AXP) – American Express rallied 4.5% in the premarket after beating top and bottom line estimates for the second quarter. Card members registered record spending, driven by a rebound in travel and entertainment. Verizon (VZ) – Verizon fell 4.4% in the premarket after adjusted […]
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Nasdaq futures slide as Snap results weigh on technology stocks
Nasdaq futures fell in overnight trading Thursday as investors digested a fresh batch of corporate earnings and disappointing results from Snap, which sent social media shares reeling. Futures tied to the Dow Jones Industrial Average slipped 0.15%, or 48 points. S&P 500 futures fell 0.37% and Nasdaq 100 futures tumbled 0.68%. Shares of the Snapchat […]
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Social media and online ad stocks drop in wake of alarming Snap earnings report
Snap Inc. signage is displayed on screens outside of the Morgan Stanley building in New York. Michael Nagle | Bloomberg | Getty Images Social media and ad tech stocks fell in after-hours trading on Thursday after Snap reported disappointing second-quarter results and plans to slow hiring. Analysts were expecting sales growth of 18% for the […]
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Why Amazon’s three biggest deals ever were for a grocery chain, movie studio, and health care provider
A sign is posted in front of a One Medical office on July 21, 2022 in San Rafael, California. Justin Sullivan | Getty Images Amazon still makes most of its revenue from orders placed through its online stores, and most of its profit from its cloud computing arm. Both of those businesses were built almost […]
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Stocks making the biggest moves after hours: Snap, Meta Platforms, Mattel and more
People walk past Snap Inc. Snapchat signage displayed in downtown Los Angeles, California on October 2, 2021. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines after the bell: Snap – Shares of the Snapchat parent company plummeted more than 26% in extended trading after reporting a miss on the […]
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Snap shares plunge 25% on disappointing second-quarter results and plans to slow hiring
Kirsty O’Connor | Getty Images Snap shares plummeted more than 25% in extended trading on Thursday after the social media company reported disappointing second-quarter results and said it plans to slow hiring as it reckons with weakening revenue growth. Co-founders Evan Spiegel, the CEO, and technology chief Bobby Murphy agreed to new employment contracts that […]
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Stock futures edge higher following Dow rally, better-than-expected Netflix earnings
U.S. stock futures edged higher on Tuesday after a sharp rally for the three major indexes during the regular trading session. Dow Jones Industrial Average futures rose 12 points, or 0.04%. S&P 500 and Nasdaq 100 futures climbed 0.16% and 0.32%, respectively. Netflix surged more than 7% in after-hours trading after saying it lost only […]
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Microsoft is adding video stories to Teams to liven up the chat app
Microsoft CEO Satya Nadella gestures during a session at the World Economic Forum annual meeting in Davos on May 24, 2022. Fabrice Coffrini | AFP | Getty Images Microsoft on Tuesday announced Viva Engage, a new portal coming to the Teams communication app that will let co-workers share video stories documenting their activities. It might […]
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Here’s Jim Cramer’s advice to navigate this uncertain earnings season
Earnings season is entering full swing on Wall Street, and CNBC’s Jim Cramer said Monday that investors would be wise to take a wait-and-see approach toward shares of companies that are about to report quarterly numbers. “In this environment, it’s always going to be fragile on the upside and easy on the downside, because the […]
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Stock futures are flat after Dow reverses course to start a busy earnings week
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, July 13, 2022. Brendan McDermid | Reuters Stock futures were flat after the Dow Jones Industrial Average slumped more than 200 points during Monday’s session, reversing an earlier rally as earnings season continued in earnest. Dow Jones Industrial […]
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